Grain and Bond Markets See Mixed Activity in Chicago
Chicago markets show irregular bond activity with firm Haile issues and weaker rails, while crops movement pressures western bank lending. Commodity futures slip in corn as external bearish sentiment and high call money hint at a possible market slump, and foreign exchange softens with francs and lire weakening.
Live Stock Markets Report From Chicago and New York
Chicago receipts show hogs 28 000 trending lower by about 50 to 60 cents with heavy weights around 14 25 to 14 45 and packing sows down. Cattle receipts 16 000 with steer trade mixed midweights 16 50 to 16 75, heifers around 6 25 to 7 00, veals weak. Sheep receipts 40 000 with lambs 12 00 to 14 25, ewes steady to firm. New York mercantile and money markets show sterling and francs firm with government bonds weak and railroad bonds heavy. call money high and short term rates rising.
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